Majority Holders Sample Clauses

Majority Holders. Holders of a majority of the Registrable Securities held by all Holders at the time of any request for registration pursuant to Section 2.1(a).
AutoNDA by SimpleDocs
Majority Holders. Majority Holders shall mean the holder or holders at the relevant time of determination (excluding the Company) of 51% or more of the (a) number of Warrant Shares for which the issued and outstanding Warrants are then exercisable and (b) then issued and outstanding Warrant Shares.
Majority Holders. Holders of a majority of the Registrable Securities ---------------- held by all Holders at the time of any request for registration pursuant to Section 2.1(a). Person: An individual, corporation, partnership, limited liability ------ company, trust, unincorporated organization or a government or any agency or political subdivision thereof. Prospectus: The definitive prospectus included in any Registration ---------- Statement, as amended or supplemented by any prospectus supplement with respect to the terms of the offering of any portion of the Registrable Securities covered by the Registration Statement and by all other amendments and supplements to the prospectus, including post-effective amendments and all material incorporated by reference in such prospectus.
Majority Holders. May File Proofs of Claim In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to the Company or any other obligor upon the Note or the Property of the Company or of such other obligor or their creditors, the Majority Holders (irrespective of whether the principal of the Note shall then be due and payable as therein expressed or by declaration or otherwise and irrespective of whether the Majority Holders shall have made any demand on the Company for the payment of overdue principal or interest) shall be entitled and empowered, by intervention in such proceeding or otherwise,
Majority Holders. The holders of a majority of the aggregate principal amount of Notes or a majority of the Conversion Shares, as applicable; provided, that for purposes of Section 10(c), any Notes or Conversion Shares held by the Company or any of its affiliates (as such term is defined in Rule 405 under the Securities Act) (other than the Initial Purchaser or subsequent Holders of Notes or Conversion Shares if such subsequent Holders are deemed to be affiliates of the Company solely by reason of their holding Notes or Conversion Shares) shall not be counted in determining whether any consent was given.
Majority Holders. Majority Holders" shall mean stockholders who hold (or would hold, if all Purchaser Shares were converted to Common Shares) a majority of the Registrable Securities.
Majority Holders the holders of at least 51% of the Registrable Securities that are participating in the registration at issue.
AutoNDA by SimpleDocs
Majority Holders. Majority Holders means, unless otherwise specifically provided in this Agreement, the holder or holders at the relevant time (excluding the Company and its Subsidiaries) of, initially, (a) in the case of the Note (or in the case of any subdivision or partial assignment of any Note), more than 50% in outstanding principal amount of the outstanding Note and the outstanding resulting Notes for as long as any Note or resulting Notes are outstanding, and (b) after payment in full of the principal of and interest on the Note, in the case of the Warrant and Warrant Stock, more than 50% of the sum of the number of shares of Warrant Stock then issuable upon exercise of the outstanding Warrant plus the number of then issued and outstanding shares of Warrant Stock. Maximum Rate. See Section 3.6(b).
Majority Holders. All payments due hereunder (to the extent not converted into Common Stock in accordance with the terms hereof) shall be made in lawful money of the United States of America, provided that, to the extent that any accrued Dividend has not been paid when due, the Series C-1 Majority Holders and the Corporation may agree, in whole or in part, that such accrued and unpaid Dividend may be added to the Series C-1 Stated Value of the Series C-1 Preferred Stock and, at such time, cease being an accrued and unpaid Dividend, in which event Dividends shall accrue thereon in accordance with the terms of this Certificate of Designation and such additional Series C-1 Stated Value shall be convertible into Common Stock in accordance with the terms of this Certificate of Designation. All payments shall be made at such address as the Series C-1 Holder shall hereafter give to the Corporation by written notice made in accordance with the provisions of this Certificate of Designation. Whenever any amount expressed to be due by the terms of this Certificate of Designation is due on any day which is not a Business Day, the same shall instead be due on the next succeeding day which is a Business Day.
Majority Holders. Majority Holders shall mean the holder or holders at the relevant time (excluding the Company) of (a) in the case of the Notes, 66-2/3% or more in outstanding principal amount of the Notes, (b) in the case of the Series E Preferred Shares, 66-2/3% or more of the then outstanding Series E Preferred Shares, (c) in the case of the Converted Common Shares, Warrants and Warrant Shares, 66-2/3% or more of (i) the then outstanding Converted Common Shares, (ii) Warrant Shares then issuable upon exercise of the outstanding Warrants plus (iii) then outstanding Warrant Shares, considered collectively, and (d) if no class of Securities is referred to, the Majority Holders of the Notes so long as any Notes are outstanding, and the Majority Holders of the then outstanding Series E Preferred Shares (on an as converted basis), Converted Common Shares, Warrants (on an as converted basis) and Warrant Shares, considered collectively; provided that for purposes of Section 9.2(b), Majority Holder shall only refer to the holder or holders at the relevant time (excluding the Company) of 66-2/3% or more of the then outstanding Converted Common Shares; and provided further that for purposes of Section 9.2(c), Majority Holder shall only refer to the holder or holders at the relevant time (excluding the Company) of 66-2/3% or more of the number of Warrant Shares then issuable upon exercise of the outstanding Warrants plus then outstanding Warrant Shares, considered collectively.
Time is Money Join Law Insider Premium to draft better contracts faster.